India Subsidy Allocation Analysis 2024-25
Government subsidies on food, fertiliser, and fuel form a significant portion of revenue expenditure. Subsidy reform — through direct benefit transfer (DBT) and targeting — is central to India's fiscal consolidation strategy.
Subsidy Allocation — 2024-25
35.65 lakh crore
Rs 35.65 lakh crore
Previous Year (2023-24)
32.81 lakh crore
Year-over-Year Change
+8.6%
Subsidy Allocation — 5-Year Trend
| Year | total Rev Expenditure | total Expenditure |
|---|---|---|
| 2020-21 | Rs 26.54 lakh crore | Rs 31.54 lakh crore |
| 2021-22 | Rs 26.08 lakh crore | Rs 33.07 lakh crore |
| 2022-23 | Rs 29.08 lakh crore | Rs 37.59 lakh crore |
| 2023-24 | Rs 32.81 lakh crore | Rs 43.15 lakh crore |
| 2024-25 | Rs 35.65 lakh crore | Rs 46.33 lakh crore |
Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.
Budget Snapshot — 2024-25
Total Expenditure
46.33 lakh crore
Total Receipts
46.33 lakh crore
Capital Expenditure
10.68 lakh crore
Tax Revenue
25.05 lakh crore
Fiscal Deficit
4.8% of GDP
Interest Payments
10.84 lakh crore